Budget Implementation Act, 2009 (S.C. 2009, c. 2)

Coming into Force

Marginal note:Coming into force

268 This Division comes into force on April 1, 2009 or, if it is later, on the day on which this Act receives royal assent.

DIVISION 6Legislation Governing Financial Institutions

Bank Act

269 [Amendment]

270 [Amendment]

271 [Amendment]

272 [Amendment]

273 [Amendment]

274 [Amendment]

275 [Amendment]

Cooperative Credit Associations Act

276 [Amendment]

277 [Amendment]

278 [Amendment]

279 [Amendment]

Financial Consumer Agency of Canada Act

280 [Amendment]

Green Shield Canada Act

281 [Amendment]

Insurance Companies Act

282 [Amendment]

283 [Amendment]

284 [Amendment]

285 [Amendment]

286 [Amendment]

287 [Amendment]

Trust and Loan Companies Act

288 [Amendment]

289 [Amendment]

290 [Amendment]

291 [Amendment]

292 [Amendment]

Coordinating Amendment

293 [Amendment]

Coming into Force

Marginal note:Order in council

Footnote ^*294 Sections 270, 273, 277, 280, 283, 285, and 290 come into force on a day or days to be fixed by order of the Governor in Council.

• Return to footnote ^*[Note: Sections 270, 273, 277, 280, 283, 285 and 290 in force July 1, 2010, see SI/2010-31.]

DIVISION 7Securities

Securities Regulation

Marginal note:Maximum payment

• 295 (1) The Minister of Finance may make direct payments, in an aggregate amount not exceeding $328,000,000 or any other amount that may be specified in an appropriation Act, to provinces and territories for matters relating to the establishment of a Canadian securities regulation regime and a Canadian regulatory authority.

• Marginal note:Payments out of C.R.F.

  (2) Any amount payable under this section may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Finance, at the times and in the manner, and on any terms and conditions, that the Minister of Finance considers appropriate.

Marginal note:Agreements

296 The Minister of Finance may enter into any agreement respecting securities regulation with any province or territory.

Canadian Securities Regulation Regime Transition Office Act

Marginal note:Enactment of Act

297 The Canadian Securities Regulation Regime Transition Office Act is enacted as follows:

[See Canadian Securities Regulation Regime Transition Office Act]

Transitional Provision

298 [Transitional Provision]

Coming into Force

Marginal note:Order in council

Footnote ^*299 Section 297 comes into force on a day to be fixed by order of the Governor in Council.

• Return to footnote ^*[Note: Section 297 in force July 13, 2009, see SI/2009-60.]

PART 6Payments

Infrastructure Stimulus Fund

Marginal note:Maximum payment of $2,000,000,000

300 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Transport, in accordance with terms and conditions approved by the Treasury Board, a sum not exceeding two billion dollars to provide funding for infrastructure projects primarily related to infrastructure rehabilitation.

Provincial-Territorial Infrastructure Base Funding Program

Marginal note:Maximum payment of $495,000,000

301 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Transport, in accordance with terms and conditions approved by the Treasury Board, a sum not exceeding four hundred and ninety-five million dollars to provide payments to provinces and territories under the Provincial-Territorial Infrastructure Base Funding Program for infrastructure projects.

Communities Component of the Building Canada Fund

Marginal note:Maximum payment of $250,000,000

302 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Transport, in accordance with terms and conditions approved by the Treasury Board, a sum not exceeding two hundred and fifty million dollars to provide funding for infrastructure projects in communities that have a population of less than 100,000.

Green Infrastructure Fund

Marginal note:Maximum payment of $200,000,000

303 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Transport, in accordance with terms and conditions approved by the Treasury Board, a sum not exceeding two hundred million dollars to support infrastructure projects that promote a clean environment.

Community Adjustment Fund

Marginal note:Maximum payment of $51,000,000

304 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of State (Atlantic Canada Opportunities Agency), in accordance with terms and conditions approved by the Treasury Board, a sum not exceeding fifty-one million dollars to foster economic development, science and technology initiatives and other measures to promote economic diversification in communities in Atlantic Canada.

Marginal note:Maximum payment of $106,000,000

305 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of State (Economic Development Agency of Canada for the Regions of Quebec), in accordance with terms and conditions approved by the Treasury Board, a sum not exceeding one hundred and six million dollars to foster economic development, science and technology initiatives and other measures to promote economic diversification in communities in the regions of Quebec.

Marginal note:Maximum payment of $175,000,000

306 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Industry, in accordance with terms and conditions approved by the Treasury Board, a sum not exceeding one hundred and seventy-five million dollars to foster economic development, science and technology initiatives and other measures to promote economic diversification in communities in Ontario.

Marginal note:Maximum payment of $17,000,000

307 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Indian Affairs and Northern Development, in accordance with terms and conditions approved by the Treasury Board, a sum not exceeding seventeen million dollars to foster economic development, science and technology initiatives and other measures to promote economic diversification in communities in the territories.

Marginal note:Maximum payment of $154,000,000

308 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of State (Western Economic Diversification), in accordance with terms and conditions approved by the Treasury Board, a sum not exceeding one hundred and fifty-four million dollars to foster economic development, science and technology initiatives and other measures to promote economic diversification in communities in Western Canada.

Improving Infrastructure at Universities and Colleges

Marginal note:Maximum payment of $1,000,000,000

309 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Industry, in accordance with terms and conditions approved by the Treasury Board, a sum not exceeding one billion dollars for the construction, renovation, refurbishment or repair of buildings and facilities at post-secondary institutions.

First Nations Housing

Marginal note:Maximum payment of $75,000,000

310 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Indian Affairs and Northern Development, in accordance with terms and conditions approved by the Treasury Board, a sum not exceeding seventy-five million dollars to support on-reserve housing.

Marginal note:Maximum payment of $125,000,000

311 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Human Resources and Skills Development, in accordance with terms and conditions approved by the Treasury Board, a sum not exceeding one hundred and twenty-five million dollars to the Canada Mortgage and Housing Corporation to support on-reserve housing.

Renovation and Retrofit of Social Housing

Marginal note:Maximum payment of $500,000,000

312 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Human Resources and Skills Development, in accordance with terms and conditions approved by the Treasury Board, a sum not exceeding five hundred million dollars to the Canada Mortgage and Housing Corporation to provide funding to the provinces and territories to address the backlog in demand for renovation and energy retrofits of social housing.

Housing for Low-income Seniors

Marginal note:Maximum payment of $200,000,000

313 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Human Resources and Skills Development, in accordance with terms and conditions approved by the Treasury Board, a sum not exceeding two hundred million dollars to the Canada Mortgage and Housing Corporation to provide funding to the provinces and territories through the Affordable Housing Initiative for the construction of housing units for low-income seniors.

Housing for Persons with Disabilities

Marginal note:Maximum payment of $25,000,000

314 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Human Resources and Skills Development, in accordance with terms and conditions approved by the Treasury Board, a sum not exceeding twenty-five million dollars to the Canada Mortgage and Housing Corporation to provide funding to the provinces and territories through the Affordable Housing Initiative for the construction of housing units for persons with disabilities.

Northern Housing

Marginal note:Maximum payment of $100,000,000

315 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Human Resources and Skills Development, in accordance with terms and conditions approved by the Treasury Board, a sum not exceeding one hundred million dollars to the Canada Mortgage and Housing Corporation to provide funding to the territories for the renovation and construction of social housing units.

Canada Health Infoway Inc.

Marginal note:Maximum payment of $500,000,000

316 There may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Health, a sum not exceeding five hundred million dollars to Canada Health Infoway Inc. for the development of electronic health records and related systems.

PART 7Navigable Waters Protection Act

Amendments to the Act

317 [Amendment]

318 [Amendment]

319 [Amendment]

320 [Amendments]

321 [Amendment]

322 [Amendments]

323 [Amendment]

324 [Amendment]

325 [Amendment]

326 [Amendment]

327 [Amendment]

328 [Amendment]